(Bloomberg) — Contemporary Amperex Technology Co. Ltd. is planning to seek at least $4 billion from its Hong Kong stock offering, people familiar with the matter said, which would make it the world’s biggest listing this year. The eventual proceeds could rise to $5.3 billion if the deal is upsized and the greenshoe exercised, according…
We recently compiled a list of the Why These Energy Stocks are Gaining This Week. In this article, we are going to take a look at where Barnwell Industries, Inc. (NYSE:BRN) stands against the other energy stocks. After a lackluster performance in 2024, the broader energy sector finally seems to be doing better this year with…
(Bloomberg) — Asian stocks pulled back after a five-day rally that pushed a regional gauge into overbought territory, as investors turned cautious amid increasing trade tensions and geopolitical uncertainty. Hong Kong technology stocks were an outlier. The MSCI Asia Pacific Index dropped as much as 0.6% with stocks in Hong Kong and Japan declining after…
(Bloomberg) — Amazon.com Inc founder Jeff Bezos’ $10-billion Earth Fund has ended its support for the Science Based Targets initiative, the main verifier of corporate climate targets, the Financial Times reported. The billionaire’s philanthropic entity has halted backing for the group following complaints by SBTi staff about its influence, the report said. It’s also seen…
Nickel is a versatile metal critical for the clean energy revolution, especially in electric vehicle (EV) batteries. Its role in enhancing battery energy density and efficiency makes it indispensable for longer-range EVs. As global demand for nickel surges, driven by electrification and renewable energy needs, it becomes a focal point for investors seeking growth opportunities….
The shift to electric vehicles (EVs) is reshaping the automotive industry, creating unprecedented demand for critical metals. An EV contains 6x more critical metal than a conventional car, making metal resources the backbone of this electrification revolution. For a typical 62.5 kWh battery-powered EV (NMC 811 composition), here’s the breakdown of key metals and their average…
(Bloomberg) — China and Japan agreed that Beijing’s top diplomat should visit in 2025, adding to the signs the two nations are repairing ties that have been strained in recent years. Chinese Foreign Minister Wang Yi would make the trip at the earliest appropriate date, the Foreign Ministry in Tokyo said in a statement Wednesday….
We recently compiled a list of the 8 Best Copper Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Freeport-McMoRan Inc. (NYSE:FCX) stands against the other copper stocks. Copper is recognized as a critical metal due to its extensive applications, particularly in electrical wiring and renewable…
To keep pace with the changing market, Norwegian fuel station operators like Circle K are investing in chargers even in non-urban sites like in Minnesund. Photographer: Naina Helén Jåma/Bloomberg Norway is on the cusp of completing a transition away from combustion cars thanks to targeted incentives that made electrics an easy choice. November 28, 2024,…
Demand for battery-grade nickel is expected to surge, tripling by 2030, according to Benchmark Mineral Intelligence. This growth will largely be due to mid- and high-performance electric vehicles (EVs) in Western markets. A senior nickel analyst at Benchmark, Jorge Uzcategui, particularly noted that: “China will see growth too, but it won’t match the pace in…